Estate Planning & Asset Protection

Asset protection using layers and shells Remember, the essence of asset protection is diversion. Smoke and mirrors. Keep those pea shells moving. More hoops to jump through discourage potential attackers. For those with a lot of liability (or a lot…

We live in a litigious world. People and small businesses get sued all the time. This is likely to worsen in the decades ahead, as the wealth divide – the gulf between haves and have nots, and the income delta,…

Let’s explore trust basics as background for your estate planning. The very word trust, as it rolls off the tongue, conjures images of sterling silver, old wealth, and lives of  (perhaps) undeserved ease.  This aura is unfortunate, since trusts are…

A living trust is merely one set up while you are still alive. In its simplest form, it acts as a will substitute to avoid probate, and removes the need for a durable power of attorney with respect to property…

Beware using joint titling as an estate “plan.” Joint accounts are quick and easy, but offer little planning finesse (if you die all goes to your spouse, but if they remarry and jointly title and then they die, your kids…

Warning! Federal Estate Taxes can take nearly half of applicable family wealth, and are likely going much higher as the 21st Century progresses. If your family wealth is a few million to lots more, you are probably very exposed and…

Dr. Camarda teamed up with “Super Lawer” John Crawford to teach the critical principals of effective family trust design and estate planning. Watch the video class to learn why trusts are so important even for the most basic estates, and…

Join us for our free webinar on advanced asset protection planning, and learn to fortify your family and business wealth before lawsuits or other threats emerge that can wipe you out or put a big dent in your retirement, legacy…

Long-term care insurance provides crucial financial assistance for individuals facing cognitive issues or needing help with daily activities. This coverage includes services like personal aides, adult day care, and assisted-living facilities, which Medicare typically doesn’t cover for chronically ill individuals.…

In July 2021, a 62-year-old woman received a shocking letter revealing an unexpected Medicaid debt of over $77,000 incurred by her deceased 88-year-old mother. This incident sheds light on the often-overlooked consequences of Medicaid estate recovery, disproportionately affecting families relying…